Background*

Mr. Joseph J. Savage, also known as Joe, has been the President of Webster Financial Corp. and its subsidiary Webster Bank, National Association since January 1, 2014. Mr. Savage served as an Executive Vice President of Commercial Banking of Webster Financial Corporation and its subsidiary Webster Bank, National Association from April 2002 to January 1, 2014. Mr. Savage is an Executive Vice President for Commercial Banking at Webster Business Credit Corporation. He served ... as an Executive Vice President for Communications and Energy Banking Group of CoBank in Denver, Colorado from 1996 to April 2002. Mr. Savage served as President of Keystone Ventures, LLC in Farmington, Connecticut from December 1995 to November 1996. Before his tenure with Keystone, Mr. Savage served as Senior Vice President for Specialized Lending of Shawmut Bank and served as President of Shawmut National Ventures. He serves as Director of the Connecticut Business & Industry Association. He has been a Director at Webster Bank, National Association since January 1, 2014. He earned a Bachelors degree from Manhattan College and an MBA at Seton Hall University.

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